How to Find Hidden Real Estate Bargains, 2nd Edition

Product Details

The realtor's essential guide to harnessing true earning power.

Robert Irwin has been one of the nation's top real estate authors for more than 20 years. His 1991 bestseller, How to Find Real Estate Bargains, continues to be one of the most popular guides to finding real estate bargains and buying them at rock-bottom prices. Thoroughly updated and revised, this new edition is for reader in the market for a bargain home for themselves or as an investment for resale profit.

Irwin fills readers in on everything they need to know to quickly decide if a property's potential payoff outweighs its risks. With nearly 50 percent all-new material, the second edition features new chapters on:

• All types of repos, including HUD, Fannie Mae and Freddie Mac, FDIC, GSA, and SBA.
• Property tax, ATF and IRS, p robate, bare land, and Recreational property sales.
• Finding bargain properties in strong markets by working directly with sellers.
• Using the Web to find the hottest bargains.

Biographical Note

Robert Irwin is one of America's most respected experts in all areas of real estate and the author of more than 20 books, including the bestsellers in the McGraw-Hill Tips and Traps series.

Table of Contents

• Preface.
• Chapter 1. What Is a Bargain in Real Estate?
• Chapter 2. How to Get Started Bargain Hunting.
• Chapter 3. Bargains in Foreclosure.
• Chapter 4. Bargains in REOs.
• Chapter 5. HUD Repos.
• Chapter 6. VA Repos.
• Chapter 7. Fannie Mae and Freddie Mac REOs.
• Chapter 8. GSA and IRS Auctions.
• Chapter 9. SBA, Treasury, Army Corps of Engineers, and More.
• Chapter 10. Private Individual's REOs.
• Chapter 11. How to Buy at Auction.
• Chapter 12. Buying at Probate and Tax Sales.
• Chapter 13. Buying "As Is".
• Chapter 14. After Natural Calamaties.
• Chapter 15. How to Inspect a Bargain Property.
• Chapter 16. How to Finance a Bargain Property.
• Chapter 17. Hidden Treasures in Financing.
• Chapter 18. Buying Distressed Property.
• Chapter 19. Getting Started on a Shoestring.
• Chapter 20. Bargains in the MLS and FSBOs.
• Chapter 21. Buying from Motivated Sellers.
• Chapter 22. Getting Brokers to Work for You.
• Chapter 23. Buying Mortgage Paper for Profit.
• Chapter 24. Seven Real Estate Bargains to Consider.
• Appendix: Mortgage Priority in Foreclosure.
• Index.

Back Cover

Think there are no more bargains left in today's real estate market? Think again!

Can you imagine paying 50% less than the market value of a property even in today's market? Absolutely! Robert Irwin, America's best-selling real estate expert, shows buyers and investors where to look for great deals in real estate.

• Learn how to get in on the ground floor of a foreclosure by working directly with the seller.
• Navigate your way through the maze of Repos: HUD, Fannie Mae, FDIC, and more!
• Uncover the ins and outs of buying at auctions.
• Discover the multitude of financing options available to you.
• Get critical tips and helpful guidelines for inspecting property.
• Understand the latest tax laws, and learn how to work with brokers.

How to Find Hidden Real Estate Bargains is fully revised and updated for today's sizzling marketplace and savvy real estate buyer. There are still hidden real estate treasures out there. Robert Irwin will show you where to find them.